Fact Sheet
Fixed Income

SPDR® DoubleLine® Total TOTL
Return Tactical ETF

As of 06/30/2024

Key Features

Fund Information
Inception Date

02/23/2015•• The SPDR® DoubleLine® Total Return Tactical ETF seeks tomaximize total return•• Provides actively managed core fixed income exposure
benchmarked to the Bloomberg US Aggregate Bond Index•• Combines traditional and non-traditional fixed income
asset classes with the goal of maximizing total return overa full market cycle through active sector allocation andsecurity selection•• Seeks to outperform the benchmark, in part by exploiting
mispriced areas of the bond market while also including asset
classes not included in the index such as high yield bonds andemerging markets debt

CUSIP78467V848

About This Benchmark
The Bloomberg U.S. Aggregate Bond Index (the "Index")
is designed to measure the performance of the U.S. dollar
denominated investment grade bond market, which includes
investment grade (must be Baa3/BBB- or higher using the middle
rating of Moody's Investors Service, Inc., S&P Global Ratings,and Fitch Ratings Inc.) government bonds, investment gradecorporate bonds, mortgage pass through securities, commercial
mortgage backed securities and other asset backed securities
that are publicly for sale in the United States. The securities in
the Index must have at least 1 year remaining to maturity andmust have $300 million or more of outstanding face value.
Asset backed securities must have a minimum deal size of$500 million and a minimum tranche size of $25 million. Forcommercial mortgage backed securities, the original aggregatetransaction must have a minimum deal size of $500 million, anda minimum tranche size of $25 million; the aggregate outstandingtransaction sizes must be at least $300 million to remain in theIndex. In addition, the securities must be U.S. dollar denominated,fixed rate, non-convertible, and taxable. The Index is market
capitalization weighted.

Total Return (As of 06/30/2024)
NAV(%)

Market Value
(%)

Index
(%)

QTD

0.51

0.49

0.07

YTD

0.65

0.79

-0.71

1 Year

3.27

3.08

2.63

3 Year

-2.16

-2.11

-3.02

5 Year

-0.34

-0.39

-0.23

Since Fund Inception

1.06

1.06

1.14Cumulative

Annualized

Gross Expense Ratio (%)

0.55

Net Expense Ratio (%)

0.55

30 Day SEC Yield (%)

5.77

30 Day SEC Yield Unsubsidized (%)

5.77

Past performance is not a reliable indicator of future performance.
Investment return and principal value will fluctuate, so you may have again or loss when shares are sold. Current performance may be higher
or lower than that quoted. All results are historical and assume thereinvestment of dividends and capital gains. Visit ssga.com for mostrecent month-end performance. Performance is shown net of fees.
Performance of an index is not illustrative of any particular investment. It
is not possible to invest directly in an index. Index returns are unmanaged
and do not reflect the deduction of any fees or expenses. Index returns
reflect all items of income, gain and loss and the reinvestment of dividends
and other income as applicable.
Prior to 8/24/2021, the Bloomberg U.S. Aggregate Bond Index was known as theBloomberg Barclays U.S. Aggregate Bond Index.
Characteristics
Number of Holdings

1,372

Option Adjusted Duration

5.81

Option Adjusted Spread

133.25

Not FDIC Insured. No Bank Guarantee. May Lose Value.

1Top Sectors

Weight (%)

Mortgage Backed Securities

47.24

Treasury

21.12

Commercial Mortgage Backed Securities

10.08

Investment Grade Corporate

6.74

High Yield Corporate

3.55

Collateralized Loan Obligations

3.36

Asset Backed Securities

3.28

Emerging Markets

2.63

Bank Loans

1.99

Quality Breakdown

Weight (%)

Aaa

7.15

Aa1

50.70

Aa2

0.58

Aa3

1.38

A10.71

A2

1.77

A3

1.39

Baa1

1.20

Baa2

4.04

Baa3

3.86

Ba11.67

Ba21.83

Ba3

1.44

B10.92

B2

1.38

B3

1.07

Caa1

0.35

Caa20.37

Caa3

1.02

Ca33.00

C30.67NR

13.50

Totals may not equal 100 due to rounding.

2ssga.com
Information Classification: General

be used to determine index classification.
Bloomberg Index breakdowns are grouped intolarger categories. For example, AAA+ and AAA
are listed as Aaa; AA1, AA2, and AA3 are listed
as Aa, etc.

State Street Global Advisors
One Iron Street, Boston MA 02210
T: +1 866 787 2257

Important Risk Information

Glossary
NAV The market value of a mutual fund’s orETFs total assets, minus liabilities, divided by
the number of shares outstanding.
Market Value Determined by the midpoint
between the bid/offer prices as of the closing
time of the New York Stock Exchange (typically4:00PM EST) on business days.
Gross Expense Ratio The fund’s total
annual operating expense ratio. It is gross ofany fee waivers or expense reimbursements.
It can be found in the fund’s most recentprospectus.
30 Day SEC Yield (Also known asStandardized Yield) An annualized yield thatis calculated by dividing the net investment
income earned by the fund over the mostrecent 30-day period by the current maximum
offering price.
30 Day SEC Yield (Unsubsidized) An
annualized yield that is calculated by dividing
the investment income earned by the fundless expenses over the most recent 30-day
period by the current maximum offering pricethat does not take into account expense ratio
subsidizations.
Option Adjusted Duration An optionadjusted measure of a bond’s (or portfolio’s)
sensitivity to changes in interest rates
calculated as the average percentage change
in a bond’s value (price plus accrued interest)
under shifts of the Treasury curve +/- 100bps. Incorporates the effect of embedded
options for corporate bonds and changes in
prepayments for mortgage-backed securities.
Option Adjusted Spread A measurement ofa fixed-income security rate and the risk-freerate of return, which is then adjusted to take
into account an embedded option.
Quality Breakdown Bloomberg uses the“middle rating” of Moody’s, S&P, and Fitch todetermine a security’s index classification. If
only two of the agencies rate a security, thenthe most conservative (lowest) rating will beused. If only one rating agency rates a security,that one rating will be used. Where there are
no security level ratings, an issuer rating may

Weights are as of the date indicated, aresubject to change, and should not be relied
upon as current thereafter.
Investing involves risk including the risk of lossof principal.
The information provided does not constituteinvestment advice and it should not be reliedon as such. It should not be considered asolicitation to buy or an offer to sell a security.
It does not take into account any investor's
particular investment objectives, strategies,
tax status or investment horizon. You shouldconsult your tax and financial advisor.
The whole or any part of this work may not bereproduced, copied or transmitted or any of
its contents disclosed to third parties without
SSGA’s express written consent.
This communication is not intended to be an
investment recommendation or investment
advice and should not be relied upon as such.
The Fund's investments are subject tochanges in general economic conditions,general market fluctuations and the risks
inherent in investment in securities markets.
Investment markets can be volatile and prices
of investments can change substantially due
to various factors including, but not limited
to, economic growth or recession, changes
in interest rates, changes in the actual or
perceived creditworthiness of issuers, andgeneral market liquidity. The Fund is subject
to the risk that geopolitical events will disrupt
securities markets and adversely affect global
economies and markets. Local, regional or
global events such as war, acts of terrorism,
the spread of infectious illness or otherpublic health issues, or other events could
have a significant impact on the Fund and itsinvestments.
Actively managed funds do not seek toreplicate the performance of a specified index.
An actively managed fund may underperform
its benchmark. An investment in the fundis not appropriate for all investors and is
not intended to be a complete investment
program. Investing in the fund involves risks,
including the risk that investors may receive
little or no return on the investment or thatinvestors may lose part or even all of theinvestment.
Investments in asset backed and mortgage
backed securities are subject to prepayment
risk which can limit the potential for gain
during a declining interest rate environment
and increases the potential for loss in a risinginterest rate environment.
Government bonds and corporate bonds
generally have more moderate short-term
price fluctuations than stocks, but provide
lower potential long-term returns.
Investing in high yield fixed income
securities, otherwise known as “junk bonds”,
is considered speculative and involves greaterrisk of loss of principal and interest thaninvesting in investment grade fixed income
securities. These Lower-quality debt securities
involve greater risk of default or price changes
due to potential changes in the credit qualityof the issuer.
Increase in real interest rates can cause
the price of inflation-protected debt
securities to decrease. Interest payments
on inflation-protected debt securities can beunpredictable.
The values of debt securities may decrease
as a result of many factors, including, by way
of example, general market fluctuations;increases in interest rates; actual or perceived
inability or unwillingness of issuers, guarantors
or liquidity providers to make scheduled
principal or interest payments; illiquidity indebt securities markets; and prepayments ofprincipal, which often must be reinvested in
obligations paying interest at lower rates.
Foreign (non-U.S.) Securities may besubject to greater political, economic,environmental, credit and information
risks. Foreign securities may be subject tohigher volatility than U.S. securities, due tovarying degrees of regulation and limited
liquidity. These risks are magnified inemerging markets.
ETFs trade like stocks, are subject toinvestment risk, fluctuate in market value andmay trade at prices above or below the ETFs
net asset value. Brokerage commissions andETF expenses will reduce returns.
Intellectual Property Information: TheS&P 500® Index is a product of S&P Dow Jones
Indices LLC or its affiliates (“S&P DJI”) andhave been licensed for use by State Street
Global Advisors. S&P®, SPDR®, S&P 500®,US500 and the 500 are trademarks of Standard& Poor’s Financial Services LLC (“S&P”); Dow
Jones® is a registered trademark of Dow Jones
Trademark Holdings LLC (“Dow Jones”) and3

has been licensed for use by S&P Dow Jones
Indices; and these trademarks have been
licensed for use by S&P DJI and sublicensed
for certain purposes by State Street GlobalAdvisors. The fund is not sponsored, endorsed,
sold or promoted by S&P DJI, Dow Jones, S&P,
their respective affiliates, and none of suchparties make any representation regarding
the advisability of investing in such product(s)nor do they have any liability for any errors,omissions, or interruptions of these indices.
DoubleLine® is a registered trademark of
DoubleLine Capital LP.
“Bloomberg ®” and Bloomberg U.S. Aggregate
Bond Index are service marks of Bloomberg
Finance L.P. and its affiliates, including
Bloomberg Index Services Limited (“BISL”),
the administrator of the index (collectively,“Bloomberg”) and have been licensed for use
for certain purposes by State Street GlobalAdvisors. Bloomberg is not affiliated with State
Street Global Advisors, and Bloomberg does
not approve, endorse, review, or recommend
SPDR® DoubleLine® Total Return Tactical ETF.
Bloomberg does not guarantee the timeliness,accurateness, or completeness of any data orinformation relating to SPDR® DoubleLine® Total
Return Tactical ETF.
Distributor State Street Global Advisors
Funds Distributors, LLC, member FINRA, SIPC,
an indirect wholly owned subsidiary of State
Street Corporation. References to State Street
may include State Street Corporation and its
affiliates. Certain State Street affiliates provide
services and receive fees from the SPDR ETFs.
State Street Global Advisors Funds
Distributors, LLC is the distributor forsome registered products on behalf of theadvisor. SSGA Funds Management, Inc.
has retained DoubleLine Capital LP as thesub-advisor. State Street Global Advisors
Funds Distributors, LLC is not affiliated with
DoubleLine Capital LP.

Before investing, consider thefunds’ investment objectives, risks,charges and expenses. To obtain aprospectus or summary prospectus
which contains this and otherinformation, call 1-866-787-2257 orvisit ssga.com. Read it carefully.
2024 State Street Corporation.
All Rights Reserved.
Tracking Number: 6033185.1.5.AM.RTL
Expiration Date: 10/31/2024
ETF-TOTL 20240715/10:54©